PHU MY HUNG CORPORATION

PHU MY HUNG URBAN DEVELOPMENT PROJECT

Lawrence S.Ting Building, Head Office of Phu My Hung Corporation

“On the wild marshland, a group of people have tried their best over the past 15 years to set up the current Phu My Hung New Urban Area. Based on these sizable projects, another group of people continue to develop HoChiMinh City toward the East Sea".
(Lawrence S. Ting, the late Chairman of CT&D Group and Phu My Hung Corp.)

THE DEVELOPMENT TEAM

- Phu My Hung Corporation (PMH) - The Infrastructure developer of the New City Center. The company was established on May 19^th, 1993 as a joint-venture between the HoChiMinh City People’s Committee (represented by the Tan Thuan Industrial Promotion Company) and the Central Trading & Development Group, headquartered in Taiwan.

- Tan Thuan Industrial Promotion Company (IPC) - A 30% partner representing the HoChiMinh City People’s Committee. IPC contributes the investment capital in the form of 600ha land-use right and human resources to the development of the New City Center.

- Central Trading & Development Group (CT&D Group) One of the largest foreign investors in Vietnam - with over USD 650 million invested in the country. In addition to its 70% share in the New City Center, CT&D Group has also invested in the Tan Thuan Export Processing Zone, Hiep Phuoc Power Plant and Sino-Pacific Construction Consultancy Corporation (SPCC)

OUR MISSION

- Phu My Hung Corp. builds the 17.8 km long, 120m wide, 10-lane Nguyen Van Linh Parkway (six high-speed and four mixed lanes). As for the section through Phu My Hung New City Center, there are 14 lanes. The 18m~36m wide green land in the middle of the Parkway is reserved for metro projects and future expansion plans. This Parkway, which is newly-built across the marsh land of Nha Be County (District 7 now), District 8 and Binh Chanh County, has become the artery to transport goods from HoChiMinh City to the Mekong Delta, and opened a new opportunity to expand HoChiMinh City southwards according to the urban project approved by the Government. It also plays an important catalyst to propel the HoChiMinh City southern urbanization, changes a large number of farmers to become city-dwellers and the marshland into a modern city, boosting the economic development of the entire Southern areas and HoChiMinh City. In the near future, Nguyen Van Linh Parkway will connect District 7 with District 2 through Phu My Bridge, linking Eastern and Western provinces. Nguyen Van Linh Parkway was built in three stages. The first 2-lanes were completed in 1998; the second 4~6 lanes in 2003, and entire 10-lane parkway was fully inaugurated on Dec. 30^th, 2007. On this memorable occasion, Phu My Hung Corp. was honorably awarded the first grade Labor Medal by the Vietnamese Government.

- Phu My Hung Corp. builds the infrastructure of 150 ha of land for community uses, and hands it over to HoChiMinh City People s’ Committee.

- Phu My Hung Corp. develops five modern urban complexes (named site A, B, C, D & E) along Nguyen Van Linh Parkway. This massive project has been considered the first step in the expansion plan of HoChiMinh City towards the East Sea.

- The 5 urban development sites by Phu My Hung Corp.:
1. Phu My Hung New City Center (Site A - 409ha)
2. University Place (Site B - 95ha)
3. Hi-Tech Center
4. Merchandise Center I (Site D - 85ha)
5. Merchandise Center II (Site E - 115ha)

THE MASTER PLAN

Beginning period of Phu My Hung
Beginning period of Nguyen Van Linh Parkway

Field survey

Mr. Lawrence S. Ting and The late Prime Minister Vo Van Kiet

Phu My Hung city nowadays

The present Nguyen Van Linh parkway

Night at Phu My Hung

- The New City Center (Saigon South) Master Plan presents a historic opportunity for Vietnam and Ho Chi Minh City (HCMC) to re-establish its position in the global economy while creating a modern well-planned city that can become the most desirable international business location in Southeast Asia.
- On the land area of 2,600 ha situating in parallel with HoChiMinh City to the South, Phu My Hung Corp. has been permitted to develop 750ha of land to build a model city. Designed by Skidmore, Owings & Merrill (USA), the New City Center was approved by Vietnam’s Prime Minister on December 8^th, 1994. In addition, the government also signed the Decision on March 3^rd, 1995, to establish the Management Authority for Southern Area Development of HoChiMinh City (MASD) with a “one-stop application procedure” in the New City Center.

Fresh environment

Night at Phu My Hung

- The New City Center (Saigon South) is the first step in the envisioned expansion of HoChiMinh City's growing metropolis. The development of the New City Center is a key component of Vietnam’s comprehensive plans for the Southern Focal Economic Area (SFEA) that includes HoChiMinh City, Dong Nai, Ba Ria Vung Tau province. The SFEA and Phu My Hung New Urban Development are poised to become a center for international finance, trade, accommodation, entertainment, cultural, scientific, high technological and tourism development in Vietnam. This urban plan will accommodate future demands and a projected increase in population to 10 million people over the next decade.
- Vietnam’s Prime Minister has endorsed this master plan and declared the new development, “a new urban center develops in parallel with the existing center and plays an integral part in the development of HoChiMinh City. It is a center for commerce, finance, services, science, cultures, education, accommodation, entertainment and transportation, etc., supporting the development of the existing city and playing as a propelling force for the HoChiMinh CitySouthern and Eastern expansion. (Extracted from Decision 749/TTg, by the Prime Minister on December 8, 1994)

INTERNATIONALLY AWARDED PROJECT

- In July 1993, Phu My Hung Corp. hosted an international urban design competition for the new urban development project. The winners and creators of the award-winning master plan were a team of respected architectural firms.
* SKIDMORE, OWINGS & MERRILL (San-Francisco - USA) - Master Planner
* KOETTER, KIM & ASSOCIATES (Boston - A) - Master plan advisor and Site A (New City Center) detailed design
* KENZO TANGE ASSOCIATES (Tokyo - Japan) - Master plan advisor and Site B, C & D detailed design
- A modern city developed within an environmental framework is the unique identity and attractiveness of this New City Center. The existing greenery will be re-created for parks, reserves, golf course, entertainment amenities. It is the city’s great interest to protect its environment features while providing for growth and development. The existing waterways will form a system of “green fingers” between the development sites. These will provide a relief to the density of urban development. That is one of the most outstanding features that helps Phu My Hung New City Center win the two honorable awards for best urban design: The Progressive Architecture Citation in 1995 and the American Institute of Architecture (AIA) honor award in 1997. The AIA jury described, “This project has its roots in the history of city making with its geometry derived from the history of the land. It serves as an example for other mega-developments that are occurring in areas like Southeast Asia.” The Phu My Hung New City Center is the first Asian city to win this award.

The Progressive Architecture Citation in 1995
The American Institute of Architecture (AIA) honor award in 1997

Mr. Ferdinand P.Tsien, Vice-chairman of CT&D Group received
American Institute of Architecture (AIA) honor award in 1997

·After over 15 years of development, “Site A - Phu My Hung New City Center” has taken into shape with modern architectures in harmony with the well-built infrastructure and has set a new living standard in Ho Chi Minh City. On June 26^th, 2008, The Minister of Construction Nguyen Hong Quan and HoChiMinh City People’s Committee Chairman Le Hoang Quan presented Phu My Hung the Certificate to recognize Phu My Hung “A new model city” as stated in the Decision 860/QĐ-BXD

THE TRAFFIC NETWORK

Phu My Hung sitemap

- Nguyen Van Linh Parkway is the central infrastructure project of the New City Center. The road will become an important east-west connection from National Highway 1 to District 2 and eastern provinces. This 17.8km long parkway is a 10-lane road with six fast-speed lanes and four mixed-used lanes allowing for slow auto, motorbike, and bicycle traffic (except for the 14 lanes of the section through Site A). There is also a land reserve of 18~36 meters in the center for future transit or road expansion.
- Being newly built across the marshland of Nha Be County (District 7 now), District 8 and Binh Chanh County, Nguyen Van Linh Parkway has become the artery to transport goods from HoChiMinh City to the Mekong Delta areas and opened a new opportunity for HoChiMinh City Southern expansion according to the approved plan. This route has also played an important role to propel the urbanization, economic development of the entire Southern areas and HoChiMinh City.
- Phu My Hung New City Center is located south of existing HoChiMinh City across the Doi Canal. There are several existing and new bridges to the existing city - Tan Thuan Bridge, Y-shaped Bridge, Nguyen Tri Phuong Bridge, Ong Lanh Bridge, Kenh Te Bridge (operation in 2004). There are also new routes being built like Nguyen Van Cu bridge linking Dist.5 to Dist.7, Phu My bridge connecting Dist. 7 to Dist. 2, helping to improve the traffic network from Phu My Hung to other districts, the Eastern and Southern provinces of Vietnam.
- In addition, the streets of the New City Center have variety and interest while maintaining accessibility throughout the city. The 17.5m~48m streets are organized in a grid system that provides efficient movement. Streets are typically oriented to special amenities and are landscaped to provide shade and comfort for pedestrian movement.

Nguyen Van Linh Parkway (2004).

Ground breaking ceremony of Nguyen Van Linh Parkway - Phase 3 (8/4/2004.)

10-lane Nguyen Van Linh Parkway nowadays

Nguyen Van Linh Parkway completion ceremony (30/12/2007)

REMARKABLE PERIODS

- Phu My Hung is a modern New City Center, built from the marshland in the south of HoChiMinh City. Over 15 years of development, there have been many important facts, which have marked the changes of the land and achievements through the great efforts of the investors and the government.

- Here is the brief introduction of the important milestones:

5/1993

The investment licence granted

7/1993

Phu My Hung Corp. organized an international urban design contest. Skidmore, Owings & Merrill (San-Francisco, USA) was chosen as the master planner, together with the technical support and consultancy from Koetter, Kim & Associates (Boston, USA) and Kenzo Tange Associates (Tokyo, Japan)

9/1994

The new urban development project was presented to the American Institue of Architects and World Bank as “a sustainable development”

12/1994

Master Plan was approved by the Prime Minister Vo Van Kiet

1/1995

Won the Progressive Architecture Citation in 1995.

3/1995

The Prime Minister issued the Decision to form the Management Authority for the Southern Area Development of HoChiMinh City (MASD).

9/1995

Young Architect contest about Saigon South

7/1996

Infrastructure works began

12/1996

Nguyen Van Linh Parkway ground-breaking ceremony was honorably attended by Former Prime Minister Vo Van Kiet

4/1997

Saigon South People-Founded School was granted the licence. The Japanese School was also licensed and temporarily operated in the same campus with Saigon South School.

5/1997

The master plan won the honored award of the American Institute of Architects for best urban design. This is the first Asian city to win this award.

8/1997

Saigon South International School (SSIS) started its first school year

9/1997

MASD was established with a “one-door” paper procedure applied for investors in Phu My Hung New City Center

12/1997

The first 100% foreign owned investment was granted the license.

12/1997

The agreement to set up a Korean School in Phu My Hung was signed

12/1997

Prime Minister presented a Certificate of Merit to Phu My Hung Corp. for building Nguyen Van Linh Parkway, contributing to HoChiMinh City social & economic development

12/1997

Nguyen Van Linh Parkway 1^st phase technical inauguration ceremony

1/1998

Thanh Nien newspapers highlighted on the main page, “HoChiMinh City has turned its development to the south”.

2/1998

Prime Minister Phan Van Khai and HoChiMinh City People’s Committee’s leaders surveyed Nguyen Van Linh Parkway.

2/1998

Nguyen Van Linh Parkway 1^st phase official inauguration ceremony

5/2001

The Communist Party Leader Nong Duc Manh visited and worked with Phu My Hung Corp.

5/2002

Ground-breaking ceremony for Nguyen Van Linh Parkway 2^nd phase expansion (4-6 lanes)

5/2002

The Vice State President Nguyen Thi Binh visited and worked with Phu My Hung Corp.

8/2002

Phu My Hung Corp. officially handed the Saigon South People-Founded school over to HoChiMinh City Education & Training Department

10/2003

PMH Corp. and the Management Board were awarded the HoChiMinh City’s People Committee traditional flag, Certificate of Merit and HoChiMinh City Badge.

12/2003

Ceremony of PMH’s 10 years of development

12/2003

Nguyen Van Linh Parkway - 2^nd phase Inauguration Ceremony

4/2004

Ground-breaking Ceremony of Nguyen Van Linh Parkway 3^rd phase expansion.

1/2006
The first Lawrence S. Ting Charity Walk

3/2006 Establishing Lawrence S. Ting Memorial Fund

3/2007
The vice State President Truong My Hoa visited and worked with Phu My Hung Corp. and Lawrence S. Ting Memorial Fund.

9/2007
Phu My Hung Corp. sponsored the 1^st national event of Vietnam’s typical cultured family in Ha Noi.

10/2007
Phu My Hung received the “Vietnam Gold Star Award” from Vietnam Young Business Association, Vietnam Youth Union Association, and the Industry & Commerce Ministry.

10/2007

Receiving the Certificate of “HoChiMinh City Typical Buisness in 2007” by HoChiMinh City’s People Committee for excellently contributing to the HoChiMinh City’s social-economic development, according to the Decision No.# 4606/QĐ-UBND on Oct. 10, 2007.

12/2007

Nguyen Van Linh Parkway Completion Ceremony. Mr. Lawrence S. Ting and Mr. Tsien Peng Lun were posthumosthly awarded “the Friendship Medal”. Phu My Hung Corp. was presented “The first grade Labor Medal” according to the Decision No. 1680/2007QĐ/CTN dated December 28, 2007

1/2008

Winning the prize of “one of 10 biggest businesses” in the prize of “Business Star” presented by the Ministry of Foreign Affairs on Jan. 7^th, 2008.

5/2008 15^th year of Phu My Hung ‘s development

6/2008 Lawrence S. Ting School being granted the license

6/2008
Phu My Hung New City was recognized “The Model City” according to the Decision No.860/QĐ-BXD on June 19^th, 2008 by the Construction Minister Nguyen Hong Quan.

9/2008 The first school year of Lawrence S. Ting school